From Beijing to the Box Room: The Global Forces Locking Out a Generation
The David McWilliams Podcast
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The Interplay of Economics and Generational Wealth
This chapter examines the interconnectedness of economics, geography, and biology while focusing on the global financial architecture and its impact on economies. It discusses the challenges faced by younger generations in achieving homeownership, contrasting current conditions with those of previous decades. Additionally, the chapter analyzes the implications of managed exchange rates and monetary policies on global economic stability, particularly in relation to interest rates and housing affordability.
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